Taiwan’s CPDC restarts Kaohsiung No 1 ACN line after brief outage

21 February 2012 02:16  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s China Petrochemical Development Corp (CPDC) has restarted its 120,000 tonne/year No 1 acrylonitrile (ACN) line in Kaohsiung following the unit’s unexpected shutdown early this month, a company source said on Tuesday.

“We restarted the No 1 line over the weekend as we had to shut it down on 10 February because of a technical problem,” the source said, without elaborating.

The shutdown has resulted in a production loss of about 2,000 tonnes, according to the company source.

CPDC’s other 120,000 tonne/year No 2 ACN line at the same site is running normally, the source said.

Spot ACN prices in Asia have been on an uptrend because of tight supply amid a spate of scheduled plant shutdowns in China, Japan, South Korea and Taiwan.

In the week ended 17 February, ACN prices were at $2,150-2,200/tonne ($1,634-1,672/tonne) CFR (cost and freight) northeast (NE) Asia, up by $250/tonne from a month ago, according to ICIS.

($1 = €0.76)


By: Helen Yan
+65 6780 4359



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